Name: Freedom24
Brand: Freedom24

Empowering Your Investment Journey

In the dynamic world of financial brokerage, Freedom24 emerges as a beacon of sophistication and accessibility. It offers an unparalleled gateway to 15 global stock exchanges in the USA, Europe, and Asia, accommodating diverse investors, right from novices to seasoned professionals. Its seamless proprietary platform coupled with expert analysis from Bloomberg-awarded market professionals, positions Freedom24 as a premier choice for astute investors. With a commitment to innovation, this agency-only broker stands poised to empower your financial journey.

Expert Reviewer Verdict

Freedom24 stands tall as a premier choice for traders, offering unparalleled market access to 15 global exchanges with over 1 million trading instruments. Its user-friendly platform caters to novices and experts alike, backed by powerful features like commission-free trading for the first month, professional analytics, and robust educational resources. While the absence of fractional shares and a flat withdrawal fee pose limitations, Freedom24’s 24/7 trading, diverse order options, and stringent security measures present a compelling proposition. Investors valuing simplicity, comprehensive market reach, and continuous learning will find Freedom24 a standout option in the brokerage sphere.

Pros and Cons

Pros

Internationally Regulated Platform
Competitive Interest Rates on Cash Balance
Access to 15 Global Stock Exchanges
Over 1 Million Trading Instruments
Bloomberg-awarded Market Analysis

Cons

No Fractional Shares
Flat Withdrawal Fee of 7€
No Copy Trading
U.S. Trader Restriction

Trust and Safety

A Reliable Fortress

Regulation: In the intricate landscape of online trading, Freedom24 emerges as a beacon of security and reliability. Regulated under the vigilant eye of the Cyprus Securities and Exchange Commission (CySEC), Freedom24 adheres to stringent financial standards, ensuring compliance with operational guidelines. This robust regulatory oversight guarantees a transparent and trustworthy environment for investors. Apart from CySEC, Freedom24 is also subject to the U.S. SEC regulations as it is part of the international NASDAQ-listed Freedom Holding Corp.

Fraud Prevention: Fraud Prevention is paramount at Freedom24. Employing state-of-the-art encryption technology, the platform fortifies sensitive data and financial transactions, establishing an impervious shield against unauthorized access. Freedom24 provides an impenetrable fortress through rigorous authentication protocols, instilling confidence in its clientele.

Client’s Fund Security: Client Fund Security is a cornerstone of Freedom24’s ethos. The platform meticulously maintains segregated accounts, assuring that client funds are ring-fenced from the company’s operational capital. This segregation not only reflects financial prudence but also acts as a safety net for clients, safeguarding their investments even in unforeseen company challenges.

With a commitment to robust regulation, cutting-edge fraud prevention measures, and unwavering dedication to client fund security, Freedom24 stands as a bastion of trust and safety in the realm of online brokerage. Investors can navigate the complexities of financial markets with confidence, knowing they are backed by a broker that prioritizes their security and peace of mind.

Regulatory Body	Status
ASIC	No
CySEC	Yes
DFSA	No
EFSA	No
FCA	No
FMA	No
FSA (SC)	No
FSCA	No
FSC	No
JFSA	No
MAS	No
MiFID	Yes
BaFin	Yes
SEC	Yes

Tradable Instruments

A World Of Opportunities

Freedom24 opens the gateway to an extensive array of tradable instruments, offering investors a world of opportunities at their fingertips. With direct access to 15 global stock exchanges spanning the USA, Europe, and Asia, Freedom24 provides a platform where over 1 million trading instruments come to life. From stocks and bonds to futures, stock options, ETFs, and other exchange-traded instruments, the diversity of options caters to every investment strategy.

Additionally, Freedom24’s offerings extend beyond the conventional. Investors can engage in open-term money placement plans, benefiting from competitive interest rates of 5.31% per annum on USD balances and 3.88% per annum on EUR balances, with daily interest accrual. For those seeking fixed-term placements, attractive rates of up to 8.79% on USD and up to 6.42% on EUR are available. Freedom 24’s interest rates are tied to the floating SOFR rate for USD placements and the EURIBOR rate for EUR placements, subject to dynamic changes. Please note that the demonstrated percentage is based on a specific date, and actual interest rates may vary accordingly.

This expansive selection is complemented by a suite of cutting-edge features, including proprietary market analysis curated by Bloomberg-awarded market experts. With Freedom24, traders can delve into pre-market trading, intraday and long-term trading across major markets, empowered by a user-friendly platform accessible via web terminals and mobile applications.

Freedom24’s commitment to diversity, innovation and accessibility renders it an ideal choice for investors across all experience levels, amplifying the thrill of trading in the global financial arena.

Trading Instrument	Available
COMMODITIES	No
CURRENCIES	No
CRYPTOCURRENCIES	No
ETF	Yes
FUTURES	Yes
INDICES	Yes
STOCKS	Yes
BONDS	Yes
STOCK OPTIONS	Yes

Account Types

Freedom24 presents two account types to cater to investors’ varied needs. Their trading account grants direct access to 15 major stock exchanges globally, allowing seamless trading of stocks, ETFs, stock options, bonds, and futures.

The money placement plans, on the other hand, offer an innovative non-trading avenue. It facilitates daily interest accrual on EUR and USD balances, with a base interest rate of 3.88% for EUR and 5.31% for USD. Investors can choose flexible open-term plans or fixed-term placements, benefiting from enticing interest rates of up to 8.79% on USD and 6.42% on EUR. Please note that Freedom 24’s interest rates are subject to dynamic changes, as they are linked to the SOFR rate for USD savings and the EURIBOR rate for EUR savings.

Accessible via user-friendly web terminals and mobile apps (compatible with Android, iOS, and Huawei), these accounts offer a seamless trading experience. With 24/7 trading availability and robust customer support, Freedom24 ensures an efficient and secure investment environment for clients across the EU.

Account Type	Available
DEMO ACCOUNT	Yes
ISLAMIC ACCOUNT	No
SEGREGATED ACCOUNT	No
MANAGED ACCOUNT	No
SUITABLE FOR BEGINNERS	Yes
SUITABLE FOR PROFESSIONALS	Yes
US TRADER	No

Commission and Fees

A Transparent Environment

Freedom24 offers a transparent fee structure, which ensures clarity for investors.

Account Minimum

Freedom24 imposes no minimum deposit requirement, ensuring accessibility for a wide range of investors.

Trading Fees

Fees start at €0.008 per share/ETF and €1.2 per order.

CFD Fees

Freedom24 does not accommodate CFD trading in any form.

Forex Fees

Freedom24 offers currency exchange, but not forex trading.

Account Fee

Freedom24 does not impose any account fees, thereby enhancing flexibility for account holders.

Deposit Fee

Freedom24 does not impose any fee for bank transfer deposits.

Withdrawal Fee

Freedom24 charges a flat withdrawal fee of €7, irrespective of the withdrawal amount.

Inactivity Fee

Freedom24 does not impose any inactivity fee, ensuring a stress-free trading experience for users.

These transparent fee policies contribute to Freedom24’s appeal, promoting a clear understanding of costs for investors.

Trading Platforms

Convenience Across Devices

Freedom24 provides a seamless trading experience through its versatile platforms.

Mobile Trading Apps

Available on Android, iOS, and Huawei devices, Freedom24’s mobile app offers on-the-go trading with user-friendly interfaces and real-time market access, thereby ensuring convenience and flexibility for traders and enabling them to manage investments anytime, anywhere.

Web Trading Apps

Freedom24’s web-based trading platform offers an intuitive interface accessible through web browsers. Investors can trade a wide array of instruments, access market research, and manage their portfolios with ease, enhancing their online trading experience.

Desktop Trading Apps

Freedom24’s desktop trading application provides advanced features for professional traders. This platform offers comprehensive tools, real-time data, and in-depth market analysis, catering to the needs of experienced investors who prefer a desktop-based trading environment.

Trading Platform	Available
MT4	No
MT5	No
CTRADER	No
PROPRIETARY	Yes

Desktop and Web Platform	Available
DESKTOP WINDOWS	Yes
DESKTOP MAC	Yes
WEB PLATFORM	Yes

Mobile Platform	Available
ANDROID	Yes
iOS	Yes
Huawei	Yes

Unique Features

Exceptional Features for Every Trader

Freedom24 sets itself apart with compelling features designed to elevate the trading experience.

Global Market Access: Freedom24 offers direct entry to 15 major global stock exchanges, including emerging markets like Hong Kong, Kazakhstan, and Greece. With an extensive selection of over 1 million trading instruments, investors can diversify their portfolios comprehensively.
Expert Market Insights: Clients benefit from expert market analysis by Bloomberg’s renowned professionals. Freedom24 provides complimentary stock picks, market collections, and research services. Over the past five years, 65% of investment ideas shared by Freedom24 experts have met their target prices, delivering an impressive average return of 21%.

Research and Education

A Variety of Educational Materials

Freedom24 empowers investors with robust research and educational resources, fostering informed decision-making.

Freedom24 offers a comprehensive array of educational resources to empower traders, although there is potential for further expansion and enhancement compared to industry leaders. The platform’s learning center encompasses a diverse range of materials, including video tutorials, webinars, and textual guides, addressing fundamental trading topics.

Customer Support

Your Trading Ally at Every Step

Freedom24 offers robust customer support, which ensures traders have access to assistance whenever needed. Clients can utilize various support channels, including email, telephone, and personal managers, guaranteeing prompt and knowledgeable responses to their queries or concerns. The support team, including Spanish speaking professionals operates diligently from 09:00 to 21:00 (Mon – Fri), aligning with trading hours to provide timely assistance. Freedom24’s commitment to same-day email responses enhances communication efficiency, resolving inquiries promptly. Additionally, the availability of personal account managers enhances the trading experience, providing tailored guidance and support, reinforcing Freedom24’s dedication to excellent customer service.

Account Opening

A Straightforward Process

Freedom24 offers a streamlined account opening process for users, ensuring ease and efficiency.

Registration: The initial step involves filling out a concise registration form on the Freedom24 website. Basic information such as your name, email, and phone number is required to initiate the process.

Verification: Following registration, email address and phone number verification is essential to proceed with account setup.

Providing Additional Information: Subsequently, you’ll be prompted to provide additional details, including your date of birth, residential address, and trading experience. These details aid in creating a personalized trading experience tailored to your needs.

Document Upload: Finally, you will be required to upload specific identification documents to validate your identity and confirm your address, aligning with regulatory requirements. Ensuring compliance, this step completes the account verification process.

Freedom24’s user-friendly interface and straightforward steps make account opening swift and hassle-free. There is no minimum deposit requirement, allowing users to start their trading journey without financial constraints.

Deposit and Withdrawals

A Stress Free Process

Freedom24 ensures a hassle-free experience for deposits and withdrawals, prioritizing accessibility and efficiency for its users.

Deposits: Freedom24 accepts deposits through diverse methods, including credit/debit cards and bank transfers. Additionally, ApplePay and GooglePay options are available, enhancing flexibility. Notably, Freedom24 doesn’t charge any deposit fees via bank transfer, fostering a cost-effective approach for traders. The minimum deposit amount is set at zero, enabling accessibility for traders regardless of their investment capacity.

Withdrawals: Freedom24 processes withdrawals swiftly, typically within 1-3 business days, ensuring timely access to funds. Importantly, Freedom24 has a flat 7€ fee regardless of the withdrawal amount.

Freedom24’s dedication to user convenience is evident in its transparent deposit and withdrawal processes, earning the platform high praise for its trader-friendly policies.

Final Thoughts

Freedom24 impresses users with its vast range of tradable instruments, granting access to 15 major global stock exchanges. With a user-friendly platform, it caters to all types of investors, from beginners to professionals. Their unique offerings include competitive savings interest rates, expert market analysis, and educational resources to further enhance the experience. Despite lacking fractional shares and charging a flat withdrawal fee, Freedom24’s robust security measures, regulatory licenses, and diverse account options make it a compelling choice for traders in the EU region.

Contact Info

Website: https://lp.freedom24.com/es/begin?utm_campaign=mc_investingcomes

Email: spain@freedomfinance.eu

Telephone: +34 919 930 111

Company Address:
P.º de Recoletos, 628001 Madrid, Spain

FAQs

Question: Is Freedom24 regulated?

Answer: Yes, Freedom24 is regulated by the Cyprus Securities and Exchange Commission (CySEC) and licensed to operate across all EU member-states. Through its tied agent in Germany, it is also subject to BaFin regulations. Finally, Freedom24 is part of the NASDAQ-listed Freedom Holding Corp, which is regulated by the U.S. SEC.These regulatory licenses ensure that Freedom24 adheres to strict financial standards and provides a secure trading environment for its users.
Question: What types of tradable instruments are available on Freedom24?

Answer: Freedom24 offers access to a wide range of instruments, including stocks, ETFs, bonds, futures, stock options, and savings plans. With direct access to 15 major stock exchanges in the USA, Europe, and Asia, traders can diversify their portfolios with over a million trading instruments.
Question: Does Freedom24 offer educational resources for traders?

Answer: Yes, Freedom24 provides free educational courses designed by market professionals. These online courses cover various stock market activities, helping novice investors understand stock market fundamentals, key trading strategies, and techniques. Each lesson includes tests to ensure users approach their investments with informed knowledge of the stock markets.